Advisory: Croatia to join European single currency (EUR) from 1 January 2023
Scheduled for Jan 1, 14:00 - 15:00 UTC
Scheduled
Dear clients,

Please be advised that Croatia has joined the European Schengen area and Euro (EUR) single currency as of 1 January 2023.

This means that the Croatian Kuna (HRK) will stop being used as the currency of Croatia.

The two currencies will be used alongside each other for a period of two weeks, and will remain exchangeable into EUR until 31 December 2023, at a fixed exchange rate of 7.53450 HRK to 1 EUR.

We expect to continue receiving data from our contributors at the fixed exchange rate throughout this period, and we will continue to publish a rate for HRK via our API.

No changes are required for your API integration to keep working.

However, we would advise updating your client integrations as needed based on this change. For example, if your integration references the kuna (HRK) being the currency of Croatia, this would need to be updated to the Euro with effect from 1st January 2023.

You can read more about this change below:

- https://ec.europa.eu/commission/presscorner/detail/en/IP_22_7907
- https://www.ecb.europa.eu/euro/changeover/croatia/html/index.en.html
- https://en.wikipedia.org/wiki/Croatian_kuna

If you have any questions or need any assistance regarding this change, please reach out to us at support@openexchangerates.org.
Posted Jan 01, 2023 - 13:41 UTC